The Universalist. [volume] (Chicago [Ill.]) 1884-1897, 1887-10-29
$40, 91s.6s s1T.726.5s


more favorable opportunities for close
investments, we have instructed our f.
nancial officers to merge our accounts
of securities into a single account. The
income can be distributed proportion
ally to the several accounts to which it
applies.
The Jersey City bonds and the Marl-
boro bank stock have been sold.-The
obligations of Wendell Becker, E. A.
Thomas, and G. A. Sawyer, have been
paid.-$1 900 has been paid upon loan
to S. Kerr.-The instalment upon mort
gage of Lawrence Church, Kansas, due
last May, $500, has been paid.-The
mortgage of W. N. Holway, for default
of interest, is under foreclosure.-That
of Mary r. Bottineau being under like
default, foreclosure has been ordered.
A larger degree of interest in mis-
sions to heather lands has been dis
closed during the past year. The Sum-
day-school of the Stamford Conn., par
ish, contributed monthly collection,
$17.73, for such mission; the Young
Peoples Missionary Association of the
Church of the Messiah, Philadelphia,
added 500; and the Rhode Island Con-
vention has also added $500. These
contributions are for early use and not
for permanent investment. Rev. DR..
Chaplin, one of our Board, being about
to visit Japan and other Asiatic coun-
tries, we appointed him representa-
tive of our church in those countries.
His instructions are simply to observe,
inquire and report. No cost to the Con-
vention is involved. There is nothing
in the nature of his appointment to
forestall the action of the committee
appointed last October to consider the
general subject, or to interfere with
any plans or methods the committee
may see fit to adopt.
The Washington parish promptly
paid the annual interest on its notes of
$4,000, according to the agreement re-
ported last year; and in compliance
with the terms of that agreement, we
have appropriated $500 to be reserved
toward the final cancellation of the
notes.
At the Philadelphia Session 1882 the
Trustees were authorized in their dis
erection, to appropriate from the amount
allotted to missions, a sum not exceeding
$4,000, to the Washington Church"
The Trustees adopted the suggestion;
but deeming it inexpedient to draw the
whole sum from a single years appro-
priation, agreed to pay it by install
ments of $500 per year. The appropria-
ton was fully paid during the year now
closed. But we have necessarily as
sumed, in addition, an arrearage of
$500, to which amount the subscription
toward the church edifice fell short. A
portion of that has been paid, and the
remainder will be cancelled early in the
coming year. There will then remain,
as consequence of the Washington
Church enterprise, only the obligation
assumed under the agreement reported
last year.
We take a review of the financial
progress of the Convention for the ten
years now past, dating from the session
at Chicago (1S77). At that time the
total of funds was $l28,742, and the
Convention labored under costly debt
of $27. 721. The total of funds is now
as above, $177,7 26, gain of $49, 1000,
the debt having been swept away. The
gifts, the regular and special contribu-
tions, the return of Scholarship Loans,
and the interest received, have been as
follows:
Scholar
Gn1aIaA Iii N aL LIZ.